Global Employment Services Market
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Global Employment Services Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Employment Services Market Report by The Business Research Company covers employment services market drivers and restraints, employment services market size, major players, and the impact of COVID-19 on the employment services market.

The employment services market consists of sales of employment services and related goods by entities (organizations, sole traders and partnerships) that list employment vacancies and refer applicants for employment; provide executive search, recruitment, and placement services; supply workers to clients’ businesses for limited periods of time to supplement the workforce of the client; or provide human resources and human resource management services to their clients’ businesses and households.

The global employment services market is expected to grow from $1,081.4 billion in 2020 to $1,264.4 billion in 2021 at a compound annual growth rate (CAGR) of 0.16%. The market is expected to grow at a CAGR of 10.7% from 2020 to reach $1,795.0 billion in 2025. The global employment services market is expected to reach $2,578.7 billion in 2030, at a CAGR of 7.5%.

In all sectors, there has been a significant increase in demand for automation which led to the development of evolved technologies applicable in all sectors. The traditional method of job hunting is replaced by the utilization of digital platforms to search for a job. The majority of companies are switching to online platforms to recruit employees as the process is convenient and hassle free. Whereas, the employees too are applying on these portals, as it is more involving and reduces time consumption in travelling. All communication processes such as job postings, confirming employee’s job application and online interviews too are done via the internet by companies. This is expected to steer market growth of employment services market during the forecast period.

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Some employment services market trends include adoption of human resource chatbots to automate administrative tasks for recruiters. Moreover, employment services companies are implementing augmented reality (AR) and virtuality reality (VR) in the recruitment process as a screening test to check the applicant’s ability to solve business problems.

Global employment services market segments include:

1) By Type: Employment Placement Agencies, Executive Search Services, Temporary Help Services, Professional Employer Organizations

2) By End Use Industry: Banking and Financial, Engineering, Medical, Information and Technology, Professional Services, Others

3) By Mode: Online, Offline

4) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Employment Services Opportunities and Strategies: Forecast To 2030:

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The Employment Services Opportunities and Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides employment services market overviews, analyzes and forecasts market size, share, employment services market players, employment services market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The employment services identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Employment Services Opportunities and Strategies: Forecast To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Randstad NV, The Adecco Group, Manpower Inc, Recruit Holdings Co. Ltd., Allegis Group, Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Employment Services Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Employment Services Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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